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Senate Debt Deal Includes Provision Lessening Congress' Power On Debt Ceiling
Breitbart ^

Posted on 10/16/2013 4:49:51 PM PDT by Perdogg

Capitol Hill talk regarding the Senate deal apparently includes a provision that would take away the Congress’ power to increase the debt ceiling. According to Politico, it looks like the buzz appears to be true.:

The plan includes a proposal offered by McConnell in the 2011 debt ceiling crisis that allows Congress to disapprove of the debt ceiling increase, which means lawmakers will formally vote on whether to reject a debt ceiling increase until Feb. 7. Obama can veto that legislation if it passes. If Congress fails as expected to gather a two-thirds majority to override the veto, the debt ceiling would be raised.

(Excerpt) Read more at breitbart.com ...


TOPICS: Breaking News; Politics/Elections
KEYWORDS: 113th; bho44; boehner; cornyn; debtceiling; debtceilingbill; debtceilingdeal; gopcaved; kentuckykickback; mcconnell; primary; primarycornyn; primarymcconnell; shutdown; suspenddebtceiling; teaparty; tedcruz; texas
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To: Perdogg

We have lost almost all battles

the last battle is the Amnesty bill

if we lose that then we can lose all hope because we will be done then

stop Amnesty. no bill at all from the House as it will be merged with the Senate Amnesty bill. call congress


61 posted on 10/16/2013 5:25:42 PM PDT by Democrat_media (IRS rigged election for Obama and democrats by shutting down tea party)
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To: SoFloFreeper

“(1) IN GENERAL.—Section 3101(b) of title 31,
United States Code, [the debt limit] shall not apply for the period
beginning on the date on which the President sub
mits to Congress a certification under subsection (b)
and ending on February 7, 2014.”

“ending on February 7, 2014”

There is sinister purpose however: to get us used to using a debt limit date instead of a debt limit amount.
Hope that doesn’t catch on.


62 posted on 10/16/2013 5:32:30 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: teg_76

McConnell IS one of THEM. He’s certainly NOT an American anymore than the Democrats are. American’s respect the Constitution that gave life to their lives.


63 posted on 10/16/2013 5:34:03 PM PDT by rockinqsranch (Dems, Libs, Socialists, call 'em what you will. They ALL have fairies livin' in their trees.)
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To: SoFloFreeper

This story is a misreading of the bill (as I read it). What the bill says is that the debt ceiling is increased through Feb. 7. Any time between now and Feb. 7, Congress could pass a law that ends the suspension of the debt ceiling before Feb. 7 - so, for instance, if Obama decided to just go ahead and try to issue ten trillion dollars of new debt between now and February, Congress could put the brakes on that. The bill says nothing about what happens after Feb. 7.


64 posted on 10/16/2013 5:34:44 PM PDT by Conscience of a Conservative
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


65 posted on 10/16/2013 5:37:05 PM PDT by Nachum (Obamacare: It's. The. Flaw.)
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To: Democrat_media
the last battle is the Amnesty bill

if we lose that then we can lose all hope because we will be done then

Yep. I have always said that amnesty is checkmate for our Republic.

Boehner is 100% behind giving the illegals criminals full amnesty.

There will be 14M + new RAT voters: average education 6th grade; strong Socialist leanings; and a average childbirth rate > 4.

The vast invasion force of illegal criminals strongly believe that government should provide generous support programs for them.

And these are the people Boehner is determined to reward.

66 posted on 10/16/2013 5:37:22 PM PDT by sand88
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To: Perdogg

is this just made up?

nobody else has this story.

is there any permanent change in the law?


67 posted on 10/16/2013 5:38:23 PM PDT by RockyTx
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To: Conscience of a Conservative

BS

Judas Mitchy has tried tried to push this crap sandwich before .
K street wants govt goodies with no budget and Mitchy is there bag man


68 posted on 10/16/2013 5:39:34 PM PDT by ncalburt ( Amnesty media out in full force ing)
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To: Perdogg

SO, from simple majority to increase the debt to a super majority needed to prevent its increase. Meaning, the debt will always be increased. Always.

We arte so screwed. This is like a drunk having the car keys and we’re passengers that cannot leave the vehicle.


69 posted on 10/16/2013 5:39:56 PM PDT by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off. -786 +969)
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To: Perdogg

Oh well, guess I won’t be filing a tax return this go round.

F U B O! FU RINOS!


70 posted on 10/16/2013 5:41:26 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: RockyTx

Do you really think Fox Leftist news us going to let the truth slip out ?
its the Karl Rove -Mcamnesty propaganda network !


71 posted on 10/16/2013 5:42:18 PM PDT by ncalburt ( Amnesty media out in full force ing)
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To: ncalburt
BS

It's not BS. The bill is public. I've read it. You can read it too. The provision being discussed in this article does not allow Obama to unilaterally raise the debt ceiling after Feb. 7 absent Congressional action. It allows Congress to reverse the increase UNTIL Feb. 7.

72 posted on 10/16/2013 5:43:14 PM PDT by Conscience of a Conservative
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To: Perdogg

So bozo paid him off and he fell for it and sold us out , we the people, pfftt


73 posted on 10/16/2013 5:43:59 PM PDT by manc (Marriage =1 man + 1 woman,when they say marriage equality then they should support polygamy)
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To: ldish

yep.


74 posted on 10/16/2013 5:44:35 PM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheel barrow)
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To: CodeToad
Only until Feb.

/johnny

75 posted on 10/16/2013 5:44:41 PM PDT by JRandomFreeper (Gone Galt)
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To: Zakeet

Heading off to his Obamacare appointment.

76 posted on 10/16/2013 5:46:21 PM PDT by Ezekiel (The Obama-nation began with the Inauguration of Desolation.)
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To: JRandomFreeper
We're operating under sequestration now. It continues and there are automatic sequestration cuts in January that total 109 billion.

Gee, how will the country (and RAT bastard 0dumb0 & the Senate/House) survive with such a draconian 2% cut to their spending addiction? It's too much I say! /s

Looks like 0dumb0 will need to keep the federal parks & cemetaries & open air memorials shuttered indefinitely if another 2% has to be cut. Oh & BTW, I believe the sequestration only affects future projected growth spending, not real cuts to 2013 or 2014.

77 posted on 10/16/2013 5:49:22 PM PDT by rcrngroup
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To: mrsmith

Unlimited credit...for four months. Sounds like time to build up a surplus.


78 posted on 10/16/2013 5:50:04 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: Perdogg

Way to go, Mitch—you post-turtle POS!
You managed to screw your party and country, you miserable SOB.


79 posted on 10/16/2013 5:51:23 PM PDT by tumblindice (America's founding fathers: All armed conservatives.)
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To: Perdogg

America was fun while it lasted.


80 posted on 10/16/2013 5:51:33 PM PDT by Absolutely Nobama (The Doomsday Clock is at 11:59:00......tick-tock, tick-tock, tick-tock.....)
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